QH: 4Q21 Earnings Will Be the Peak Quarter in 2021
Upgrade to BUY from HOLD rating and raise TP by 6%to Bt2.66 based on 11.8xPE’2022E, +1SD from its five-years trading average. Our rating factor in...
157 Views
ORI: Expect Flat 3Q20 Earnings but Strong Recovery in 4Q20
3Q20 ORI presales better than market expectation. We foresee presales momentum to speed up in 4Q20 through aggressive new projects launch in 4Q20.
273 Views
QH: Expect 2Q20 to Be the Bottom Quarter
With strong earnings from a equity income provide an attractive dividend yield at 6%-7%. Therefore, we maintain our BUY rating with a new target...
303 Views
ORI: Adding Source of Recurring Income from Hospitality Projects
Neutral tone on ORI after site visit at Staybridge Suites. We maintain our BUY rating with a target price of Bt10.2 based on 6.2xPE’20E, which...
340 Views
S: Better Outlook on Its 2H19 Performance
Site visit at The ESSE at Singha Complex and The ESSE Sukhumvit 36 came out with a positive tone. We maintain BUY rating on S with a 2019 target...
358 Views